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fxJul 3, 2026, 10:06 AM

Japanese Yen Surges from 162.60 to 160.60 in Single Session

The Japanese Yen staged a sharp recovery against the US Dollar, moving from a 40-year low near 162.50 to the 160-61 range in a single session.

USDJPY

The Japanese Yen (JPY) rebounded sharply against the US Dollar, climbing from approximately 162.60 to 160.60 in one trading session. The move marked a recovery from a 40-year low around 162.50. The sudden strength in the yen caught market participants off guard, though the underlying drivers were not specified in the report.

Source: FXStreet Forex News